Date: 7 months ago   Category: Finance

The Ministry of Finance commented on conclusions of Audit Chamber on remunerations for redemption of eurobonds — Rambler News Service


The Ministry of Finance in response to the conclusion of Audit Chamber stated that calculation of remunerations for the possible redemption of eurobonds put in the draft budget for 2019-21 corresponds to established practices in the market. "Calculation of the amount of remuneration to agent banks for possible redemption of eurobonds in the draft budget is perfromed percentage of their par value. Such approach, corresponds to established practices of carrying out market transactions by the Ministry of Finance of the Russian Federation with the state securities" — it is said in the statement of the press service of the ministry. The Ministry of Finance notes that during discussion of the draft budget the ministry informed Audit Chamber on calculation of the amount of remuneration, and department was not called into question by correctness of such approach. In the conclusion of Audit Chamber on the draft of the federal budget for 2019-21 it is noted that, in case of redemption of bonds of releases Russia-2028 and Russia-2030, the sum of repayment will include the size of excess of the price of repayment over the par value of bonds and also the saved-up coupon yield in this connection calculation of amount of remuneration of the agent on redemption of bonds percentage of the sum of repayment is unreasonable. In this regard the Audit Chamber noted that it is expedient to perfrom calculation of remuneration percentage of the par value of bonds, and in case of bonds of release of "Rossiya2030" — from the par value of bonds taking into account depreciation. "The statement about plans of the Ministry of Finance of the Russian Federation to depart from this practice and to perfrom calculation of remuneration of agents proceeding from market and, respectively, higher cost of the redeemed package, but not from par value, has under itself no reasons" — it is specified in the message of the Ministry of Finance.

URL:

The Federal Antimonopoly Service issued the warning to the Gett taxi aggregator connected with possible blocking of users of the rival aggregator, the Muver application it is noted in prevention in base of FAS decisions. The service Gett does not agree with claims, the company is not informed on the FAS decision, Maxim Zhavoronkov, the director of...


Belarus lifted limits for export of the Belarusian oil products because of low-quality oil from Russia, BelTA with reference to the words of the chairman of Belneftekhim concern Andrey Rybakov reports. "The ban on export is completely withdrawn, there is only one obligation - it is ensuring domestic market in full" — Rybakov said. It is reported th...


Photo: TASS / BelTA Restoration of transit of the Russian oil through Belarus on the Friendship pipeline is in full possible by the end of July, BelTA with reference to the words of the chairman of Belneftekhim concern Andrey Rybakov reports. "The term of implementation of all road map — until the end of July of the current year. It is the maximum...


The head Gazprom Alexey Miller discussed the course of implementation of the project of construction of the Nord Stream-2 gas pipeline with the head of the Austrian oil and gas company OMV Rainer Seele, it is said in the statement of the Russian gas holding following the results of a meeting. "The course of implementation of the Nord Stream — 2 pro...


On two branches of the Moscow subway the movement stopped, follows from the message of the subway on Twitter. "On Solntsevo (8A) and Big ring (11) lines there is no train service from ''Раменок'' to ''Хорошевской''. In the opposite direction trains go with the increased interval" — it is said in the statement. The st...


Photo: Artyom Korotayev/TASS on May 21 the U.S. State Department imposed new sanctions against the enterprises of the Russian military industrial complex (MIC). This time under restrictions got Instrument Design Bureau of Shipunov in Tula, training center of antiaircraft rocket troops in Gatchina and the Moscow engineering plant Avangard. Too succe...